Banc of California
BANC
134 hedge funds and large institutions have $673M invested in Banc of California in 2020 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 35 increasing their positions, 54 reducing their positions, and 17 closing their positions.
206% more call options, than puts
Call options by funds: $2.07M | Put options by funds: $675K
46% more capital invested
Capital invested by funds: $461M → $673M (+$211M)
12% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 17
1% more funds holding
Funds holding: 133 → 134 (+1)
0.24% more ownership
Funds ownership: 91.61% → 91.84% (+0.24%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
35% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 54
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$12.7M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$6.3M |
| 3 |
Nuveen
Charlotte,
North Carolina
|
+$5.31M |
| 4 |
ICOM
Investment Counselors of Maryland
Baltimore,
Maryland
|
+$4.11M |
| 5 |
BlackRock
New York
|
+$3.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
-$6.14M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$4.45M |
| 3 |
PH
Pinnacle Holdings
Tulsa,
Oklahoma
|
-$2.32M |
| 4 |
Goldman Sachs
New York
|
-$1.53M |
| 5 |
MCM
Maltese Capital Management
New York
|
-$1.43M |
BANC Hedge Fund Activity: Q4 2020 in Review
134 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Banc of California (BANC) for Q4 2020, worth a combined $673M — up 46% from $461M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new BANC positions and 17 closed out — a net gain of 2 holders — while 35 added to existing stakes and 54 trimmed.
The largest buyer was FJ Capital Management, opening a new position worth an estimated $12.7M. The largest seller was Monarch Partners Asset Management, exiting entirely with an estimated $6.14M sold.
- 134 institutional investors held Banc of California (BANC) as of Q4 2020, up from 133 in Q3 2020.
- Funds reported $673M of Banc of California stock for Q4 2020, up 46% quarter-over-quarter.
- 19 funds opened new Banc of California positions in Q4 2020 and 17 closed out, a net change of +2 holders.
- The largest Banc of California buyer in Q4 2020 was FJ Capital Management, an estimated $12.7M added.
- The largest Banc of California seller in Q4 2020 was Monarch Partners Asset Management, an estimated $6.14M sold.
Based on aggregated 13F filings for Q4 2020.